According to Australia's official Monthly CPI Indicator, pri...

According to Australia's official Monthly CPI Indicator, prices for food & non-alcoholic beverages rose 3.5% over the 12 months to March 2024, the same rate as the overall Indicator.

Elevated price inflation for food & non-alcoholic beverages has been a global phenomenon over the last three years. However, food price inflation in Australia over the period did not reach the peaks experienced in most comparable countries.